Category Archive: 3) Swiss Markets and News

Main Author Investec
Investec
Investec is a distinctive Specialist Bank and Asset Manager. We provide a diverse range of financial products and services to a niche client base in three principal markets, the United Kingdom, South Africa and Australia, as well as certain other geographies. Investec’s strategic goals are motivated by the desire to develop an efficient and integrated business on an international scale through the active pursuit of clearly established core competencies in the group’s principal business areas.
My articlesMy siteAbout meMy books
Follow on:LinkedINTwitterAmazon
Filter archive by: Show All Show only Articles Show only Videos

US trade disputes indirectly threaten Swiss economy

2018-03-23

by

2018-03-23

Ongoing global trade disputes involving the United States are casting a potential shadow over Swiss economic growth, along with other international events, such as the Italian elections and Brexit. However, the Swiss economy is forecast to expand 2.4% this year and 2% in 2019.

Read More »

Raising Switzerland’s retirement age – like death and taxes

2018-03-23

by

2018-03-23

Retirement Switzerland
Last week, State Councillor Peter Hegglin (PDC/CVP) withdrew his motion demanding Switzerland’s retirement age automatically rise with life expectancy. He argues that Switzerland urgently needs to find a way to ensure the financial health of its pension system and raising the retirement age is the main way to do this.

Read More »

Börsen-Takl vom 23. März 2018

2018-03-23

by

Fondsmanagerin Meret Gaugler von Lombard Odier setzt im SMI auf zwei Aktien, auf die Anleger nicht speziell stehen. Sie sagt im cash-Börsen-Talk auch, welche Aktien beim Abklingen des Wirtschaftszyklus top sein werden.

Read More »

Jean-Claude Biver, LVMH

2018-03-22

by

Jean-Claude Biver über die akutellen Herausforderungen der Uhrenbranche.

Read More »

Geneva’s mega apartment project now underway – 1,000 apartments and 2,500 jobs

2018-03-22

by

2018-03-22

Last week, work started on a project to construct 1,000 apartments in Geneva. The project known as the Quartier de l’Etang will unfold over an 11 hectare site in Vernier, not far from Geneva airport. The video above shows the commencement ceremony and a computer animation of the completed project.

Read More »

Budget Speech 2018 and investing offshore – insights from Investec

2018-03-22

by

Investec’s panel of experts discuss whether or not there’ll be a big outflow to offshore investments now that prudential limits have been increased. Ronelle Hutchinson, Investec Wealth & Investment portfolio manager, believes that moving the prudential investment guidelines from 25% to 30% is a positive developments as it’s the optimal asset allocation that a South …

Read More »

Budget Speech 2018 and ratings agencies – insights from Investec

2018-03-22

by

Has the Finance Minister done enough to avoid a downgrade? “I think the budget may, on balance, just be enough to avoid a Moody’s credit rating downgrade to sub-investment grade in this quarter,” says Annabel Bishop, Investec chief economist. She says if you see continued substantial borrowings AND you’re borrowing to pay off your debt …

Read More »

Budget Speech 2018 and bailouts for State-Owned Entities – insights from Investec

2018-03-22

by

Investec’s panel of experts discuss the current certainties and uncertainties in the market. An assumption in the Budget is that they won’t need to fund any further bailouts for SOE’s but I’m not certain that’s achievable in the shorter-term,” says David Gracey, head of currency and derivatives trading at Investec Corporate and Institutional Banking. “That’s …

Read More »

Investec insights: Budget Speech 2018 – is this budget sustainable?

2018-03-22

by

Investec’s panel of experts discuss the momentum leading into and coming out of the #Budget2018. “Unfortunately because of what’s happened over past 10 years, this budget looks backwards, not forwards; it’s trying to fix the ills of the past,” says David Gracey, , head of currency and derivatives trading at Investec Corporate and Institutional Banking. …

Read More »

Fredy Hasenmaile, CS-Immobilien-Experte

2018-03-21

by

März 2019 – dann sollen laut Credit Suisse die Zinsen in der Schweiz wieder steigen. CS-Immobilien-Experte Fredy Hasenmaile sagt im cash-Video-Interview, welche Gefahren dem Schweizer Immobilienmarkt erwachsen könnten.

Read More »

Switzerland’s parliament rejects plan to cut health insurance discounts

2018-03-21

by

2018-03-21

Woman
Switzerland has a system of compulsory health insurance. Residents must choose an insurer and pay. Those who don’t are automatically signed up and sent a bill. Other than shopping around, choosing a policy with an excess, a sum that must be covered out of your own pocket before the insurance kicks in, is one of the few ways to reduce your premium.

Read More »

Swiss accounts blocked over suspected Nigerian oil bribery case

2018-03-21

by

2018-03-21

The Office of the Attorney General of Switzerland (OAG) has blocked various bank accounts in Switzerland regarding an alleged oil bribery scheme linked to Nigeria. Executives from oil giants Shell and Eni are due to stand trial in Milan, Italy, in May.

Read More »

Peter Wuffli, Präsident Partners Group

2018-03-20

by

Die erfolgreiche Partners Group dürfe nicht überheblich werden, sagt Präsident Peter Wuffli. Im Interview sagt er auch, warum Private Equity weiter wachsen wird und wieso Familienunternehmen eine gute Investition sind.

Read More »

Rolex ‘most reputable global brand’ for third straight year

2018-03-20

by

2018-03-20

Swiss watch brand Rolex has topped a ranking of the world’s most reputable brands for a third year in a row. Rolex beat Danish toy firm Lego for the top spot, while Swiss food manufacturer Nestlé jumped 21 places to rank 33rd. The Reputation Institute compiled the list in its annual Global RepTrack 100external link, after asking more than 230,000 people in 15 countries to rank some of the world’s biggest companies based on criteria such as ethical...

Read More »

Swiss voters could get to decide on Switzerland’s Winter Olympics bid

2018-03-20

by

2018-03-20

In October 2017, when Switzerland’s Federal Council announced the government would stand behind Sion’s bid for the 2026 Winter Olympics, it sparked a backlash. A survey run by Tamedia in February 2018 suggests 59% of the Swiss public are against the bid, according to RTS. The estimated cost to Swiss taxpayers is close to CHF 1 billion. Other costs, to be borne by the host canton Valais and other cantons, are expected on top of this federal...

Read More »

SWISS boss says that Geneva airport routes are not guaranteed

2018-03-18

by

2018-03-18

The CEO of Swiss International Air Lines has said that it is not impossible that the carrier’s Geneva operations be taken over by Eurowings, Lufthansa’s low-cost arm, in 2019. In an interview published in the Agefi newspaper on Monday, Thomas Klühr said he remained “confident” that such a scenario would not come about, but that it depended on the Swiss airline making a profit on its Geneva operations through the course of 2018.

Read More »

Captation des capitaux retraite LPP, le bras de fer…

2018-03-18

by

2018-03-18

C’est une réforme majeure du 2ème pilier qui a été repoussée sous la Coupole fédérale. Dans le cadre de la modification du régime des prestations complémentaires, le Conseil national a refusé de limiter le retrait de l’avoir vieillesse sous forme de capital.

Read More »

Zurich is the world’s second most expensive city

2018-03-17

by

2018-03-17

Only Singapore is more expensive than Zurich, finds an economic survey that compared the prices of more than 150 grocery items in 133 cities around the world. In fact Zurich tied with Paris for second place, followed by Hong Kong, Oslo, and Geneva – which tied with Seoul for sixth place.

Read More »

SWISS reports record profits for 2017

2018-03-17

by

2018-03-17

Swiss International Air Lines saw an increase in profitability of almost one-third in 2017, the company has reported. The performance is largely due to more efficient and capacious planes. While total income increased by a more modest 3.2% to CHF4.95 billion ($5.24 billion), pre-tax profits jumped by 31% to CHF561 million.

Read More »

Geneva wants to limit Airbnb rentals to 60 days a year

2018-03-16

by

2018-03-16

AirBnB
The canton wants the platform to place limits on its use to put the brakes on commercial operators. The 60 day limit was set by Geneva’s State Council. Antonio Hodgers, State councillor in charge of housing told Tribune de Genève that renting on the platform had become a real business for some and that this needs to be controlled.

Read More »